Albany International ends strategic review, keeps Salt Lake City facility
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Albany International Announces Successful Completion of its Strategic Review and Schedules Investors Call
September 1, 2026 4:30 PM EDTStrategic review concludes with an amended contract on CH-53K® helicopter, new business wins, and improved site profitability Reverses reach-forward loss and updates outlook Contract modification expected to generate positive cash flow beginning in 2027 Schedules an Investor Call for September 2, 2026, at 8:30 AM
PORTSMOUTH, N.H.--(BUSINESS WIRE)-- Albany International Corp. (NYSE: AIN) today announced the completion of the strategic review of its Amelia Earhart Drive facility in Salt Lake City, Utah. Following new business wins, a renegotiated... More
